NIO Stock Alert: Deutsche Just Raised Nio’s Price Target 30%
Here’s what Yu had to say about Nio in a note to clients obtained byStreetInsider.“Motivated by a greater sense of urgency, NIO’s operational execution has improved significantly in the past quarter with new models ramping quickly and sales efficiency improving.”Following this positive statement from the Deutsche Bank analyst comes new estimates for deliveries. Yu is now expecting the company to deliver more than 60,000 units in Q3 2023. The analyst is also expecting deliveries for the full year